Worries Over China’s Growth; Psy's New Single, 'Gentleman,' Goes Gangbusters; China’s Role in U.S.-North Korean Engagement; Is Lion Air Safe for Travel? Foreign PE Funds Losing Out in China

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... the the ... I ... I and and the ... Lion Air plane ... always airport has passed an initial drug test ... and ever con joining me now is Wall Street Journal's Jeffrey ... ok Jeffrey tells the latest on this an ... investigation does this ... play out with a strange incident given the fact that the plane actually ... miss the runway but on a pro try normally every few fewer accidents where planes over to the runway to land the runway midway or whatever in the plane's ... Korean off the runway this incident is highly highly unusual ... aircraft actually missed the one we entirely and actually never made it to the bundling ... and planted crash landed in the water but I must tell you this is been quite a miracle is experts will ... agree that ... not very many aircraft has landed successfully big aircraft landed successfully ... in the water ... um no clear exception to that would be the miracle Hudson ... right into thousandnine was US Airways jet landed in the event is and not said what types of things I investigators actually looking into Kaylie it when they initially attacked attested that ... I have highlighted an initial test and Kate came back negative for for any kind and it runs but ... what are they looking into the herb many many factors when on air crash investigators are looking in and have an accident of this magnitude ... aam and thankfully there were no were fatalities on board when ... the investors will spend a lot of time ... looking at whether the recalled that the aircraft Proms with pilot error or whether ... of related issues ... aircraft itself was very new jet the pair according to the airline did and we enter service ... last month in March and ten ... over an hour a hundred hours of flight time zone ... until then technical mechanical failures ... and might be harder to to ... to ... to show what this point but to ... aid the plan was was spanking new when ... whether the pilots had an ad in India ... a potential terrorist is still to be determined one variant ... of cotton clearer or ... the direction in which investment investors will have this weather ... and whether home ... they are cracked when a bloodletting had ... any ... encounter with when should which is ... a very common term which is though which describes the changes in wind direction or wind speed ... but because an aircraft aircraft you're speaking to ... come down significantly and ... cause a stall which would force the plane down in which could have happened in this case the fairway and in the past carrying more than five years ago ... Indonesia's and we did have a lot of problems of the airline industry in Korea that in an all ... out except asset ... as it went something like this happens the bottom line and eleven and is the isthe Lion Air in particular safe ... I'd to travel what so what's a safety record than and doesn't have more incidents than does the saving in the show has had its ... its share of many serious ... error accidents over the last decade or so ... aam the EU banned all ... Indonesian airlines from flying into the European Union ... and around two thousand and seven and only quite recently couldn't lift ... the ban on airlines such as ... Air Asia in Indonesia and Korea than in the show why there are still on the list one-year itself has had its spate of incidents ... mostly less serious Saxons to spend around forty six ... and since it's a much planes overran the runway and calm but only one in which there with that that the scene fatalities on board ... to be fair there was in Indonesia have ... and authorities have really tried to improve its safety standards over the last few years ... they've seen some results all busy bus accident ... on over the weekend doesn't help that ... and and what I mean a lot of these airlines are seeing an explosion of graphic aimed at ... the low cost carrier is I'm a thread Asia I really ... and alot and alot of these satellite companies are targeting the growing middle class in places like Indonesia and throughout Asia for that matter ... so ... can ... I these I we equipped to to really deal with this ... growth and what about things like training except rap like this is responsible for that to be Chrome's R R were ... beginning to see with this explosive growth in air travel in the in ... in Southeast Asia particularly with crew training and ... infrastructure ... no we ... don't seem to hire hundreds and hundreds of thousands of pilots each year ... to fill up ... capacity with new planes flying or has nearly five hundred planes on order ... now to the next few the next decade how can they can get them know ... train up enough crews ... to fly with them the most to many other countries we have the headstrong the big air force of their forces military which a lot of pics ... therefore Spotswood going fleets and it's less of the case in Southeast Asia where sin problems and ... experts are saying nursing problems in Indonesia and Thailand in ... the Philippines ... the Philippines Airlines are also on the onthe blacklisted in the EU incidents that still to this day all Philippines Airlines are banned from the U so ... there ... remains to be seen how these airlines and the authorities work together ... toward the ramp up crew training and worries in the Standard ... and the Indian pilots and indeed the supporting infrastructure such as airports and air traffic control all that and ... all those things that to be considered ... to ... improved with the confidence in the container their problem this region as a lead us to get collect and Africa the fact that so many different areas and public infrastructure except for the mansion ... thanks AmEx Jeffrey a dining us here in Hong Kong ... us Secretary of State John Kerry makes and just add in a tent towards North Korea as the wraps up is a sin of is that I'm Deborah con joining me now is the Wall Street Journal's Alastair Gale from Seoul ... a K Alastair we've been waiting for that in in in sadness nuclear missile test ... that North Korea's been threatening but do you believe that John Kerry's comments could be a game changer at this point the bigger question Deborah honor we haven't seen any response from the North Koreans to this outrage from us ... it's hard to say what the position as to what we do know is that for ... the Fed repeatedly in recent weeks that the new program is non negotiable ... there's something that of a Phillies informed further and development ... of the right security so ... you know you have to go to the conclusion combat ... other than open a big jump in and of course but was told that they haven't said nothing ... in fact today that the review focused on it and Total after this and ... this thing to say that I must read ... today of the founder of ... North Korea Sohu ... you know we've seen from the North Koreans today is just messages of ... how great that founder isn't all really um yes my can become a state of so what does Mr Kerry said ... a K six party talks ever does Korea broke down in two thousand and nine aam when carries referring to diplomatic engagement does that mean be starting those topics but I think is deliberately being vague at this point in time and I think he's talking about ... some of us North Korea ... compact ... um you're into that could mean the restart of six toe-to-toe ... something that China which has shed the schools ... I would be open to resume and ... I you know there are many forums that ... these these discussions take place ... six articles appeared often on for many is the potential that could be one forum for them to resume discussions but I think it's a bit of a very early stage now so tough to say ... exactly will almost called my take ... assuming North Korea for spawns in some way to ... others offer of the of ... the game and in China who obviously has relations with North Korea ... I'm only Danny Ainge di demanded chain in North North Koreans and the U S involved China ... but in the U S would like to see about that with this the China apply more pressure on North Korea ... um of course is not a question of how much ... of a China pattern is intends to apply pressure on on North Korea ... of Libor rates the open secret that they don't have a great relationship ... misled into somehow North ... China can change no careers ... of the paper and some fundamental way has repeatedly questioned by ... outside observers but ... I think the US would like to see China more involved in the in the US ... trying to rein in the north to North Korean behavior whether their apartment to these discussions a lot I think at this stage it's still too early to say ... the cayenne has been a lot of speculation around when North Korea where lady came down to a another missile has ... a lot of people feeling back in and the ad that birthday celebrations had ... female sung as you mentioned the grandfather of can ... add chili ill weighed maybe Bid Dana aware they want to test but ... I'm any activity indication on whether or not to be willing and indeed it can bet that as as as the rhetoric has been ... saying ... again we don't really know the permanent feature in South Korea said today that other trip so ... far office Slover files ... of any fund that ... you know from last week or so um we puffed up ... reports saying that the business also led the team to be in or out of the housing is ... a potential barring so ... most people didn't expect it to happen today because it's a risk that if it went wrong ... but with a very bad for them on books are very important day of North Korea ... of course it's something that would spur of the future intelligence of people will continue to watch ... we don't have a clear indication yet whether they will proceed along ... and cake thanks Fran much Alister Al Kang us for from Salt ... lower than expected first-quarter China GDP you weighing heavily on Asian markets and ever con joining me now is Asia Markets Editor Jake we ... take a play ... on a steady with the markets in Asia they're all down no worries average China's GDP bet that commodities really taking the biggest yet exactly that's where the action was ... an unknown level than gold green resort come off the bow almost four percent ... adding to some of Friday's around with some of the four cent Qihoo reusing interest was in an actual ... especially the store safe haven Woori has the will promote concerns about a peep was so switch into thinking ... that now thinking actually ... bad news in China means bad news to China falling and coasting down ... the bourse to go India today saying that this slide is really making people lose confidence in gold so abstaining bad news that ... and I mean spend in the respective seven point seven percent growth really not not bad considering the global situation but ... it was more worries because everyone expected it to be more at around eight percent so ... oh is is is it for the psychological impact why are the markets taking it to avoid them the broad narrative on China Woes last year a big slid down the first quarter we finally sore coverage seen house prices A was other and he's really show that things are back on track ... China's slowing significantly less than what people expect and shoot ... the scene of some things not seen surprise for us in the future ... the getting worried ... you're right a sense imprint seven what's the difference but people are just worried that ... it is on expected that downside surprises ... as bad news markets the markets don't like surprises ... on the den went bad news out of China Unicom Anita how to grow at a pretty hike with just to keep employment in one of the killings said the ... case it with shares in Asia and tepid be in there that is front of this ... show across Asia is written gold sheds that backs up the mish priestly ... an EU go exposure for juice or having some of these fellows much as ten percent from chariot India to China to Dish as Rudy standing now ... aam ... and and across China across the rest of Asia as recent abroad so but anything especially next to China said that I'm saying here in Hong Kong especially given what act as a thanks Fran that's Markets Editor Jake Lee for more on the markets have to go to Des beest dot com under for ... for private equity investment in China has declined significantly over the past five years but with a change of leadership will new opportunities emerge ... and ever con Cheney me now is not jealous he ... too is a lawyer with ropes in grey Macy's ... a sentence that was so people are really looking to invest in China how to explain the slowdown in foreign content and equity investments ... through a quick simple ball ... China requires ... approval ... for every investment ... in any company ... and ... he foreknowledge funds are are subject to this approvals ... generally by the Ministry of Commerce ... and they can be very difficult time consuming to get ... so that's why ... p m the ... reader to invest in a slowdown compared to the ... renminbi funds could over choir this approval to sell a saving deals and error there's actually interest that is where the funds to invest but it's actually the regulatory process which is the biggest stumbling ... that's right and just on a level playing field between ... domestic renminbi fund sponsors and warranty ... plan sponsors for the Swayze ... the difference in the rate of growth and the phone's been growing rapidly ... and four and dollar denominated investments stagnating ... okay so how did get around that is there any way to structure deals so that there is not and this really long regulatory process ... yes it does receive being sort of the trends ... over the last five years ... convertible bond investments in Hong Kong listed companies ... UST credits ... and of those investments are generally investments in ... companies that are ... Incorporated offshore ... so they don't generally speaking required piercing government to ... give any indication as to whether or not they really are Victoria process will change under the new leadership ... and given the fact that there is so much money waiting to go into China and any any indication that things are bound to change ... my any short-term indication I think ... that's why it's important to get the message out there that ... hasn't been a fundamentally this needs to change in foreign investment restrictions need to go away ... just to make China like any other developed jurisdiction like ... Japan the US ... so where is a lot of the investing coming from if it so hard for these dollar denominated funds to connect ... the the he's he's going to other countries ... um ... I think a KKR itself is that ... we are raising a big Asia fund and ... we'd be surprised if the milk six or nine transactions wouldn't be in Japan ... because ... it's the only ... Japan and Taiwan and Australia video increases we can deploy ... enough money quickly enough ... to all of that money is being at indirectly investing in other countries and and perhaps in a long line in it I know it will lose out on Sundays opportunities for ... ten ... things frame misguided so I think any here in Hong Kong for more on that star a pink added Avista dot com under for time ... just a minute and then the last fifty three million and is a contrarian pop singers side is back with a new single ... you know ... why ... it's called salmon Baghdad and identity looks like he's being anything but a gentleman to tell us more is reporter named John Lee Joe inning as from Seoul ... I went out with a consensus on the ground in as South Korea where ... do people like this video when is saying ... I ... Ernie claypot I mean a lot of people and one Union St respondents of several local music start over he said ... popular ... all well and I say that ... there are people of Corinth and don't think you hire me of the music BDO ... and for what reason I mean obviously it says it could be agenda can play in there and ... you know like high flying a lot of pranks and I think it's it's because that the ... persons have been filled high for trying to come out with this ... great mind blowing news that the deal and from then some people say that this I'm not ... so exciting if they hadn't and that and to sign it suffered knife ... I read I guess you know they're they're they're over here since I knew that the CBO it means I mean ... who is part of this another popularity ... of girl group and ... a good chance the feats carrying the sign in something that the ID this girl group and originally ... released a few years ago and their elbow on in the cycle of Africa that plan failed ... to fully expecting clients to show off its new ... town of twenty D and so this of science Allen might have been on the carpet disappointed although it still clay planning to sing and dance like that ... sch ok and it looks like I mean it that I was listening to the video definitely sounds like love music with the cut and be over and over again when the sun actually of out now ... I ... it's the it's the it's not very ... worth it ... in the Americas their work became ... antsy at every weekends are free from any is that it did the lyrics kind and nice evening plane and this guy is that is hitting on this girl in a client earnings season ... Cindy is this woman but the music video for it ... and then ... when each guy and strength they did a lot of crying ... and girls ... that is not quite the gentleman you would imagine as you mentioned earlier ... can science Italy succeeding in the writing and the formula for success ... on the music six as any idea ... how much she's making a obviously a latte here is is there from you can download them for free on YouTube ... so aam presumably he's making listed is money from endorsements a xenon are aching ... while the making a lot of money or advertisements we appeared from TV commercial for commercial a lot of that time itself ... and reports have been saying he's making millions of dollars and the needs and these advertisements so he's got going making a lot of money and of course he's during the pre conference ... that she would probably contribute to this graffiti on his or any of the conference I'm so ... you ... can also advertisement and how much they owe him in concert ... and a lot of things to conduct an ... aunt and certainly in the first three days old was fifty three million views cannot back out on ... a tray and thats an enchanting as from Seoul for more on that story today the Korean Real Time on WS J dot com and ever ...